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Maxiom Wealth
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Do we only have to invest into ELSS to save tax or is it okay to invest into any equity based funds to get tax benefits?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

ELSS funds help you get upto Rs 46,350 in income tax reduction. This is by reducing your taxable income upto… Read More »Do we only have to invest into ELSS to save tax or is it okay to invest into any equity based funds to get tax benefits?

What are Zerodha coins, and how are they better than general MFs?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

Thanks for the A2A. As far as i understand the platform you mentioned helps give a choice of all direct… Read More »What are Zerodha coins, and how are they better than general MFs?

What is good investment for SIP of Rs. 1000 each for two schemes? I am a beginner in mf and 27 years old married. I want a midterm and a long term scheme.

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

Good thought, to start with SIPs. For your goal, you need to invest in long term schemes only. Good funds… Read More »What is good investment for SIP of Rs. 1000 each for two schemes? I am a beginner in mf and 27 years old married. I want a midterm and a long term scheme.

Is there any reliable app for investing in SIP through direct mutual funds without netbanking?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

Yes, with Jama.co.in you can invest in SIPs without Net banking. Your bank account should be linked with Aadhaar for this to… Read More »Is there any reliable app for investing in SIP through direct mutual funds without netbanking?

Which among Motilal Focused 25, SBI Bluechip and Franklin India Bluechip should I invest in? Which fund after doing a basic analysis do you think is better?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

All these three funds are from fund houses that have a good track record. Since fund performance varies over time,… Read More »Which among Motilal Focused 25, SBI Bluechip and Franklin India Bluechip should I invest in? Which fund after doing a basic analysis do you think is better?

Is it wise to invest in ULIP by HDFC or to invest in mutual funds for long term?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

Avoid ULIPs as they are highly leaky and don’t give best returns. They are not the best investments for building… Read More »Is it wise to invest in ULIP by HDFC or to invest in mutual funds for long term?

How can I get a consolidated account statement for all my mutual fund investments in CAMS, KARVY, NSDL, etc.?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

It is very easy to do this. Just send an email to switch@jama.co.in and you will get a consolidated portfolio. You can… Read More »How can I get a consolidated account statement for all my mutual fund investments in CAMS, KARVY, NSDL, etc.?

Is it worth buying close ended funds at discount in open market?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

It is better to avoid close ended funds even if they are available at a discount in the open market.… Read More »Is it worth buying close ended funds at discount in open market?

Should I invest in mutual funds using Zerodha coin or is there any other better option than that?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

Thanks for the request. For Mutual Fund investments, you may consider Jama.co.in which is an online app and website that aggregates Direct… Read More »Should I invest in mutual funds using Zerodha coin or is there any other better option than that?

What is the difference between G and D in mutual funds?

  • by Ram Kalyan Medury
  • April 24, 2024March 2, 2026

They stand for Growth and Dividend plans respectively. Which one you go for depends on your situation: Long term growth… Read More »What is the difference between G and D in mutual funds?

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